Australia Quote by Ross Garnaut
“Carbon capture and storage, its commercial development.. is going to be the key to the future of coal. If it is successful commercially, then the Australian coal sector will be a center of prosperity and growth; if it's not successful then it won't be. I think in the long run it's as simple as that.”
About This Quote
Source Speech: Australian Energy Forum, 2015
Carbon capture could determine coal’s future prosperity, but its success is uncertain.
In simple terms: CCS may decide coal’s fate.
Key Takeaway
Invest wisely in CCS.
Themes
energy
environment
economics
Mood
cautious
optimistic
Type
analytical
strategic
When to use this quote
- policy making
- industry planning
- investment decisions
Key Concepts
carbon capture
market risk
Questions to Reflect On
- What incentives drive CCS adoption?
- How can risks be mitigated?
A Different Perspective
Technological and political hurdles may impede success.
